Full Tunnel Car Wash - Ideal Conversion to $3.00 Wash

IL

Full Tunnel Car Wash - Ideal Conversion to $3.00 Wash

Asking Price:$550,000

Cash Flow:$122,476

Gross Revenue:$260,000

EBITDA:N/A

FF&E:$150,000

Inventory:$5,000

Real Estate:$250,000

Established:1972

Full Tunnel Car Wash - Ideal Conversion to $3.00 Wash

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Business Description

Shortly after 2001, the equipment wash was gutted and $240,000 invested in a new system.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,500
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
If you wanted to own a business with no employees, solid cash flow and lots of room for growth, then this car wash is what you are looking for. You get $250,000 in real estate, plus all equipment, plus the inventory and over $120,000 in seller discretionary earnings for $595,000. The car wash serves people in the Stephenson County area as well as people out of town. The business is a full tunnel car wash and is ready for conversion to the $3.00 Car Wash Model.. The facility is well maintained and ready for a new owner. This is the only Full Tunnel Car Wash in the community. There are numerous avenues to increase revenue which will be explained to serious buyers. The owner will fully train a new owner on the operation for a period of time to make a smooth transition.
Competition:
Limited to self washes.
Growth & Expansion:
Ideal candidate to convert to the Auto-Matic $3.00 Full Tunnel Wash.
Support & Training:
Owner to assist in transition
Reason for Selling:
Retirement

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William P. Satterlee

Business Listed By:
William P. Satterlee

Satterlee & Associates Inc.

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